Newton/Brookline Summer Real Estate Market is Sizzling!
Usually, in the spring, prices are up by about 10%. The spring market is the height of the market. As summer arrives and weather heats up, vacations begin, and the real estate market quiets down with a drop in number of units sold and average sales price. But not so far this summer!
This year all bets are off.
The frantic activity of the early spring has followed with a rigorous summer market. Curious about the number? Look at data comparing June-July sales for Newton and Brookline.
Numbers don’t lie!
- The days on market have dropped by nearly 50%.
- List price to sale price averages OVER ASKING.
What will happen this fall? Stay tuned for more!
Data compiled from MLS Property Information Network MLSPin.